The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Authum Investment & Infrastructure Ltd

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

BHARATWIRE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-4.3%Reaction day

₹207.00

prior close

₹207.38

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%-2.6% vs market

Iron & Steel Products peers, median of 94sector-2.1%-2.2% vs sector

On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 2.2 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.4

10m

-2.2

15m

-1.6

30m

-2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.3-1.7-2.6-2.1-2.2

Next day

-4.7-1.3-3.4-1.6-3.1

-6.5-1.7-4.9-2.3-4.3

-8.1-1.9-6.2-2.1-6.0

-5.9-1.0-4.8-2.2-3.6

-5.0-1.1-3.9-2.3-2.7

-6.6-0.6-6.0-2.0-4.6

15d

-12.5-3.0-9.5-5.1-7.4

-16.4-8.1-8.3-8.2-8.3

-12.4-4.8-7.5-5.7-6.7

-17.6-9.1-8.5-9.8-7.8

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 94Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The BSE has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Authum Investment & Infrastructure Ltd regarding their shareholding in Bharat Wire Ropes Ltd. Regulation 29(1) filings are triggered when an acquirer crosses or creeps past specified shareholding thresholds, typically the 2% creeping acquisition limit in a financial year. The exact number of shares and percentage change are not disclosed in the headline. Authum Investment & Infrastructure Ltd is an external entity (not a promoter of Bharat Wire Ropes) making this disclosure, suggesting ongoing acquisition activity by this investor.

Likely market impact

This filing signals that a non-promoter entity (Authum) is reporting a change in shareholding that crosses regulatory thresholds in Bharat Wire Ropes, which investors should track as it may indicate accumulation of a significant stake and could influence stock price and shareholder composition.